3418 79th Street Cir W #202 · Bradenton, FL
Flood risk 9/10 · Severe
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 28 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +15.0/15.0
- Livability +4.0/5.0
- Condition / age +4.0/5.0
- Schools +3.3/10.0
- 1% rule +2.7/10.0
- Rent growth +2.4/5.0
- Cash flow +2.2/30.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$389,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to resort-style living at its finest in this beautifully appointed two-bedroom, two-full-bath condo nestled within sought-after gated waterfront community with breathtaking views of Palma Sola Bay. Whether you are looking for an amazing year-round home, an investment property, or the perfect vacation getaway with great views, this versatile residence truly has it all. From the moment you arrive, the lush tropical landscaping, manicured grounds, and serene pond with a fountain set the tone for an elevated lifestyle. Step inside to a bright, open-concept layout bathed in natural light from an abundance of oversized windows.
Key facts
- Tropical landscaping
- Open-concept layout
- $1,060 HOA
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $389k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-2k ($-22k/yr) — negative.
- To cash-flow at today's rent, offer at most $121k (68.8% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $299k (23.2% below list).
- Recommended offer: $121k (68.8% below list) — sets the bar for cash-flow.
- Cap rate 2.0% vs local median 3.5% in Bradenton — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
Location & tenants
- Location reads 81/100 on livability (#101 in FL, #1,528 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, crime D, amenities F.
- Manatee (suburban): math 54% / reading 50% proficiency, ranked #26 of 73 in FL (top 36%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Sea Breeze Elementary School (math 48% / reading 43%, grade D-, #1,247 of 2,144 statewide, top 59%, 499 students, 74% FRL); W. D. Sugg Middle School (math 34% / reading 28%, grade F, #462 of 571 statewide, top 81%, 1,010 students, 72% FRL); Bayshore High School (math 17% / reading 26%, grade F, #546 of 667 statewide, top 82%, 1,435 students, 65% FRL) — zoned schools average 70% FRL vs 51% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 33% at this address vs 52% district-wide (-19 pts) — the specific schools serving this property underperform the Manatee average; the district grade overstates school quality for this exact location.
- Market conditions: Rents soft (-0.3%/yr); 645 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 112d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 7,472 units permitted in Manatee County in 2024 (1,782 in 5+ unit buildings).
- This rent runs 44% of the median local income ($82k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
- Manatee County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 56 days — a 3% lower offer ($377k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo; HOA is 35% of rent.
- Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 56 days. Have you received any prior offers? Is the seller open to a 69% concession, seller financing, or rate buy-down credit?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.77% ✗
- Cap rate
- 1.96%
- Cash-on-cash
- -15.49%
- DSCR
- 0.31
- GRM
- 10.8
CMA / ARV
- ARV (median comp)
- $529,326
- List price
- $389,000
- Delta
- -26.51%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 7840 34th Ave W #103 | 0.12mi | 3/2.5 (+1) | 1,854 (+12%) | 0mo | $495,000 | $267 | 67 |
| 8517 43rd Ave W | 0.48mi | 3/2.5 (+1) | 1,716 (+4%) | 0mo | $530,000 | $309 | 63 |
| 8734 54th Ave W #8734 | 1.33mi | 2/2.0 | 1,561 (-5%) | 0mo | $240,000 | $154 | 56 |
| 9215 Kingston Rd | 0.99mi | 3/2.0 (+1) | 1,513 (-8%) | 1mo | $375,000 | $248 | 46 |
| 6204 Heritage Ln | 1.29mi | 2/2.0 | 1,443 (-12%) | 0mo | $252,000 | $175 | 44 |
| 5107 86th Street Ct W | 1.10mi | 3/2.0 (+1) | 1,490 (-10%) | 0mo | $509,000 | $342 | 44 |
| 7126 28th Avenue Dr W #2250 | 0.67mi | 2/2.0 | 1,238 (-25%) | 1mo | $220,000 | $178 | 43 |
| 2645 73rd Ct W #123 | 0.70mi | 2/2.0 | 1,386 (-16%) | 1mo | $260,000 | $188 | 42 |
| 3509 64th St W | 1.05mi | 2/2.0 | 1,300 (-21%) | 1mo | $380,000 | $292 | 39 |
| 9538 Azure Cv | 1.07mi | 2/2.0 | 1,312 (-20%) | 1mo | $400,000 | $305 | 39 |
| 4414 Mount Vernon Dr #0 | 1.17mi | 2/2.0 | 1,295 (-22%) | 1mo | $220,000 | $170 | 39 |
| 8712 53rd Ave W | 1.21mi | 3/3.0 (+1) | 2,049 (+24%) | 1mo | $750,000 | $366 | 30 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -64.7%
- Equity multiple
- -0.72×
- Total profit
- $-187,548
- Equity at exit
- $58,001
- IRR
- —
- Equity multiple
- -2.15×
- Total profit
- $-343,527
- Equity at exit
- $33,634
Cash invested: $108,920 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Florida
- 87 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 7 active · 1 under contract
- Median asking
- $489,500 ($278/sqft)
- Median days on market
- 347 d
- This list price
- 29% of active listings are priced below it
- ARV vs active asking
- +15.6% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 34209
- Rents YoY
- -0.3%
- Active inventory
- 645
- Price-to-rent
- 10.8×
Monthly cashflow live
- Estimated rent
- $2,989 high interval (Pro) →
- Mortgage (P&I)
- −$2,040
- Tax from tax record
- −$506 /mo · $6,067/yr
- Insurance
- −$162
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$1,060
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$628
- Net cashflow
- $-1,833
Break-even live
Sensitivity live
| Price | -10% $-1,612 | -5% $-1,723 | +0% $-1,833 | +5% $-1,943 | +10% $-2,053 |
|---|---|---|---|---|---|
| Rent | -10% $-2,069 | -5% $-1,951 | +0% $-1,833 | +5% $-1,715 | +10% $-1,597 |
| Rate | -1.0pp $-1,637 | -0.5pp $-1,734 | base $-1,833 | +0.5pp $-1,933 | +1.0pp $-2,036 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $97,250
- Closing costs
- $11,670
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3418 79th Street Cir W #302 Bradenton, FL | 2.0 | 2.0 | 1657 | $2,949 | $1.78 | 111d | 1 | 0.01mi |
| 3426 79th Street Cir W #203 Bradenton, FL | 3.0 | 2.5 | 1857 | $5,100 | $2.75 | 119d | 1 | 0.03mi |
| 7930 34th Ave W #102 Bradenton, FL | 2.0 | 2.0 | 1657 | $6,000 | $3.62 | 119d | 1 | 0.08mi |
| 7930 34th Ave W #102 Bradenton, FL | 2.0 | 2.0 | 1657 | $6,000 | $3.62 | 9d | 1 | 0.08mi |
| 7930 34th Ave W #303 Bradenton, FL | 3.0 | 2.5 | 1854 | $4,000 | $2.16 | 111d | 1 | 0.08mi |
| 7840 34th Ave W #102 Bradenton, FL | 2.0 | 2.0 | 1650 | $2,800 | $1.70 | 119d | 1 | 0.11mi |
| 7840 34th Ave W #202 Bradenton, FL | 2.0 | 2.0 | 1650 | $3,000 | $1.82 | 119d | 1 | 0.11mi |
| 3450 77th St W #303 Bradenton, FL | 3.0 | 2.5 | 1857 | $5,400 | $2.91 | 119d | 1 | 0.11mi |
| 7740 34th Ave W #203 Bradenton, FL | 3.0 | 2.5 | 1854 | $3,500 | $1.89 | 119d | 1 | 0.20mi |
| 7812 40th Avenue Dr W Bradenton, FL | 3.0 | 2.0 | 1100 | $1,745 | $1.59 | 63d | 1 | 0.25mi |
| 7610 34th Ave W #102 Bradenton, FL | 2.0 | 2.0 | 1657 | $2,600 | $1.57 | 119d | 1 | 0.26mi |
| 7610 34th Ave W Unit 203 Bradenton, FL | 3.0 | 2.5 | 1857 | $3,000 | $1.62 | 119d | 1 | 0.26mi |
| 8218 43rd Ave W Bradenton, FL | 2.0 | 2.0 | 1203 | $2,300 | $1.91 | 9d | 1 | 0.35mi |
| 4326 80th St W Bradenton, FL | 2.0 | 2.0 | 1564 | $1,500 | $0.96 | 2d | 1 | 0.41mi |
| 7333 Skybird Rd Bradenton, FL | 3.0 | 2.0 | 1277 | $3,500 | $2.74 | 119d | 1 | 0.47mi |
| 4122 Overture Cir #533 Bradenton, FL | 3.0 | 2.0 | 1381 | $2,900 | $2.10 | 119d | 1 | 0.48mi |
| 4072 Overture Cir #462 Bradenton, FL | 3.0 | 2.5 | 1300 | $2,200 | $1.69 | 9d | 1 | 0.49mi |
| 7231 Hamilton Rd Bradenton, FL | 3.0 | 2.5 | 1277 | $2,000 | $1.57 | 9d | 1 | 0.51mi |
| 4196 Overture Cir Unit 4196 Bradenton, FL | 3.0 | 2.0 | 1277 | $2,300 | $1.80 | 99d | 1 | 0.51mi |
| 7242 Hamilton Rd Bradenton, FL | 3.0 | 2.5 | 1520 | $2,800 | $1.84 | 98d | 1 | 0.52mi |
| 7244 Hamilton Rd Unit 7244 Bradenton, FL | 3.0 | 2.0 | 1381 | $2,000 | $1.45 | 71d | 1 | 0.52mi |
| 4241 Overture Cir Unit 447 Bradenton, FL | 3.0 | 2.5 | 1627 | $3,000 | $1.84 | 119d | 1 | 0.53mi |
| 7202 Hamilton Rd Unit 7202 Bradenton, FL | 3.0 | 2.0 | 1277 | $2,250 | $1.76 | 111d | 1 | 0.56mi |
| 7212 Hamilton Rd #7212 Bradenton, FL | 3.0 | 2.0 | 1381 | $2,300 | $1.67 | 65d | 1 | 0.56mi |
| 4005 Overture Cir Unit 4005 Bradenton, FL | 3.0 | 2.0 | 1381 | $2,700 | $1.96 | 119d | 1 | 0.56mi |
| 4037 Overture Cir Unit 4037 Bradenton, FL | 3.0 | 2.0 | 1381 | $2,195 | $1.59 | 119d | 1 | 0.58mi |
| 4063 Overture Cir Bradenton, FL | 3.0 | 2.0 | 1277 | $2,400 | $1.88 | 119d | 1 | 0.60mi |
| 4085 Overture Cir #4085 Bradenton, FL | 3.0 | 2.0 | 1381 | $2,800 | $2.03 | 78d | 1 | 0.61mi |
| 2107 Palma Sola Blvd #8 Bradenton, FL | 2.0 | 2.0 | 1056 | $1,799 | $1.70 | 9d | 1 | 0.82mi |
| 4536 86th St W Bradenton, FL | 3.0 | 2.0 | 1212 | $2,300 | $1.90 | 9d | 1 | 0.84mi |
| 6709 35th Ave W Unit 1346494P Bradenton, FL | 3.0 | 2.0 | 1227 | $4,527 | $3.69 | 111d | 1 | 0.84mi |
| 6602 38th Avenue Cir W Bradenton, FL | 3.0 | 2.0 | 1800 | $2,800 | $1.56 | 119d | 1 | 0.86mi |
| 6908 Arbor Oaks Cir Bradenton, FL | 3.0 | 2.0 | 1600 | $3,200 | $2.00 | 99d | 1 | 0.86mi |
| 4407 68th St W Unit C Bradenton, FL | 3.0 | 2.0 | 1200 | $1,550 | $1.29 | 2d | 1 | 0.89mi |
| 6711 45th Ave W Unit A Bradenton, FL | 2.0 | 2.0 | 1100 | $1,695 | $1.54 | 82d | 1 | 0.91mi |
| 6711 45th Ave W Unit B Bradenton, FL | 2.0 | 2.0 | 1100 | $1,695 | $1.54 | 65d | 1 | 0.91mi |
| 6503 35th Ave W Bradenton, FL | 2.0 | 2.0 | 1412 | $2,131 | $1.51 | 9d | 1 | 0.97mi |
| 6419 36th Ave W Bradenton, FL | 3.0 | 2.0 | 1410 | $2,430 | $1.72 | 9d | 1 | 0.97mi |
| 6805 22nd Ave W Bradenton, FL | 3.0 | 2.0 | 1340 | $3,500 | $2.61 | 9d | 1 | 1.00mi |
| 2914 64th St W Bradenton, FL | 2.0 | 2.0 | 1135 | $2,025 | $1.78 | 119d | 1 | 1.00mi |
Property features AI
Finance
- Other
- Home warranty included
- Financial info
- Total annual fees: $12,720Monthly fees: $1,060
- HOA & community
- Palma Sola Bay Club associationMonthly condo fee: $1,060Association amenities: clubhouse, pool, fitness center, park, dog park, recreation facilities, storage, community mailbox, street lights, maintenanceAssociation fee covers: cable TV, common area taxes, pool, escrow reserves, insurance, internet, structure and grounds maintenance, management, recreational facilities, sewer, trash, waterAssociation approval requiredLease restrictions applyPets allowed (cats and dogs) with limits; max pet weight 100 lbsCommunity features include buyer approval requirement and deed restrictions
Exterior
- Parking
- Assigned parkingCovered parkingDeeded parkingGround level parkingGuest parkingBasement parking
- Security
- Gated community
- Utilities
- Public waterPublic sewerCable connectedElectricity connectedSewer connectedWater connectedUnderground utilities
- Home design
- Residential condominiumAttached propertyOne story (one level)Third-floor unitSouth-facing
- Construction
- Block and stucco constructionMetal roofSlab and stilt/on piling foundationBuilder model: Islamorada
- Exterior features
- Covered patio/porchBalconyFrench doorsOutdoor lightingOutdoor grillExterior storageLandscaped with treesPaved surfacesFlood zone
Interior
- Kitchen
- DishwasherDisposalMicrowaveRangeRefrigeratorSolid surface and stone countersEat-in kitchen
- Bedrooms
- 2 bedrooms
- Flooring
- CarpetCeramic tile
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- Ceiling fansEat-in kitchenKitchen/family room comboLiving room/dining room comboOpen floorplanSolid surface countersStone countersSplit bedroom planWalk-in closetsBlindsDouble-pane windowsStorm windowsBuilding elevator
- Laundry & utility
- Washer and dryer includedInside laundry roomElectric water heaterInside utility and storage rooms
HOA detail $1,060/mo · $12,720/yr condo
- Likely covers
- waterlandscapingsecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 44 events
-
2026-07-28days on market $389,000 Active 56 DOM
-
2026-07-26days on market $389,000 Active 54 DOM
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2026-07-24days on market $389,000 Active 52 DOM
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2026-07-23days on market $389,000 Active 51 DOM
-
2026-07-22days on market $389,000 Active 50 DOM
-
2026-07-21days on market $389,000 Active 49 DOM
-
2026-07-20days on market $389,000 Active 48 DOM
-
2026-07-18days on market $389,000 Active 46 DOM
-
2026-07-18days on market $389,000 Active 45 DOM
-
2026-07-16days on market $389,000 Active 44 DOM
-
2026-07-15days on market $389,000 Active 43 DOM
-
2026-07-14days on market $389,000 Active 42 DOM
-
2026-07-13days on market $389,000 Active 41 DOM
-
2026-07-13days on market $389,000 Active 40 DOM
-
2026-07-11days on market $389,000 Active 39 DOM
-
2026-07-10days on market $389,000 Active 38 DOM
-
2026-07-09days on market $389,000 Active 37 DOM
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2026-07-07days on market $389,000 Active 35 DOM
-
2026-07-06price $389,000 Active 34 DOM
-
2026-07-06days on market $395,000 Active 34 DOM
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2026-07-05days on market $395,000 Active 33 DOM
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2026-07-03days on market $395,000 Active 31 DOM
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2026-07-02days on market $395,000 Active 30 DOM
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2026-07-01days on market $395,000 Active 29 DOM
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2026-06-30days on market $395,000 Active 28 DOM
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2026-06-29days on market $395,000 Active 27 DOM
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2026-06-28days on market $395,000 Active 26 DOM
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2026-06-27days on market $395,000 Active 25 DOM
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2026-06-27days on market $395,000 Active 24 DOM
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2026-06-25days on market $395,000 Active 22 DOM
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2026-06-22days on market $395,000 Active 20 DOM
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2026-06-22days on market $395,000 Active 19 DOM
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2026-06-18days on market $395,000 Active 16 DOM
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2026-06-17days on market $395,000 Active 15 DOM
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2026-06-16days on market $395,000 Active 14 DOM
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2026-06-15days on market $395,000 Active 13 DOM
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2026-06-13days on market $395,000 Active 11 DOM
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2026-06-13days on market $395,000 Active 10 DOM
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2026-06-10days on market $395,000 Active 8 DOM
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2026-06-09days on market $395,000 Active 7 DOM
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2026-06-08days on market $395,000 Active 6 DOM
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2026-06-07days on market $395,000 Active 5 DOM
-
2026-06-02remarks 699-char remark
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2026-06-02$395,000 Active 1 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast FL · Resets to sale price
- Current annual tax
- $6,067 · $506/mo
- Projected year-2 tax
- $6,067 · $506/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥106°F today · 28 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $35,870
- − Mortgage interest
- −$21,790
- − Property taxes
- −$6,067
- − Insurance
- −$7,064
- − Repairs & maintenance
- −$2,870
- − Management
- −$2,870
- − HOA
- −$12,720
- − Depreciation
- −$11,316
- Taxable loss
- −$28,826
- Est. tax savings @ 24.0%
- +$6,918
- After-tax cash flow
- $-15,074/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 12 photos
This two-bedroom, two-bath condo in a prestigious waterfront community offers a good condition with minimal repairs needed. The property's location and amenities make it a great investment opportunity.
Value-add opportunities
- Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics ↑
- Both Landscaping improvements — Enhances curb appeal and creates a more inviting atmosphere ↑
- Rental HVAC maintenance — Ensures comfort and energy efficiency ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Manatee
- NCES district ID
- 1201230
- Math proficiency
- 54% ▼ -6.00%
- Reading proficiency
- 50% ▼ -2.00%
- Median HH income
- $49,607
- Composite
- 44.43/100
- National rank
- #2806
- State rank
- #26 of 73 in FL
Livability — Bradenton
- Score
- 81/100
- State rank
- #101
- US rank
- #1528
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Manatee County · 447,342 people
- City population
- 227,091
- Metro
- North Port-Sarasota-Bradenton, FL
- Population (ZIP)
- 33,224
- Household income
- $81,728
- Rent vs Own
- Severe rent burden
- 17% of renters
Population outlook (Manatee County) Hauer SSP2
- Today (2025)
- 447,342 people
- By 2030
- 488,911 · +9.3%
- By 2040
- 567,934 · +27.0%
- By 2050
- 637,995 · +42.6%
- By 2075
- 781,970 · +74.8%
- By 2100
- 848,272 · +89.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (84%)
- Race & ethnicity
- White 84% Hispanic / Latino 11% Two or more races 6% Black 2% Asian 1%
- Hispanic origin (detail)
- Puerto Rican 4% Cuban 3%
- Common ancestry
- Romanian 3% Slovak 3% Lithuanian 3%
- Foreign-born
- 9% · Canada, Jamaica, China
- Languages at home
- 90% English-only · Spanish 6% Russian/Polish/Slavic 1% Other Indo-European 1%
Political lean MEDSL · Manatee
- 2024 margin
- Strong R (+23.5) · D 37.9% · R 61.4%
- 2008→2024 swing
- -16.5pp toward R · 2008: -7.0pp · 2024: -23.5pp
- All cycles
- 2024: R+23.5 2020: R+16.1 2016: R+17.1 2012: R+12.5 2008: R+7.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -360.34%
- Current HPI
- 320.0061
- Rent YoY
- ▼ -0.30%
- Metro
- North Port-Sarasota-Bradenton, FL
- State GDP YoY
- ▲ 3.28%
- F500 in state
- 36
Industry mix (Fortune 500 HQ in FL)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Industrial Technology | 2 | $29B |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+1.5% since first listed21 events — show timeline
- 2026-06-02 Listed $395,000 Stellar MLS as Distributed by MLS Grid
- 2025-12-04 Rental Removed $2,900 STELLARMLS
- 2025-09-12 Listed for Rent $2,900 STELLARMLS
- 2025-09-03 Listed $465,000 Stellar MLS as Distributed by MLS Grid
- 2025-09-01 Rental Removed $2,900 STELLARMLS
- 2025-08-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2025-07-16 Price Changed $2,900 STELLARMLS
- 2025-06-29 Listed for Rent $3,200 STELLARMLS
- 2025-06-28 Listed $499,500 Stellar MLS as Distributed by MLS Grid
- 2024-05-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2024-05-26 Rental Removed $2,995 STELLARMLS
- 2024-04-12 Price Changed $575,000 Stellar MLS as Distributed by MLS Grid
- 2024-03-29 Listed for Rent $2,995 STELLARMLS
- 2024-01-19 Listed $619,900 Stellar MLS as Distributed by MLS Grid
- 2023-12-06 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2023-11-03 Listed $649,000 Stellar MLS as Distributed by MLS Grid
- 2021-06-23 Sold (MLS) $389,000 Stellar MLS as Distributed by MLS Grid
- 2021-03-23 Pending — Stellar MLS as Distributed by MLS Grid
- 2021-02-04 Pending — Stellar MLS as Distributed by MLS Grid
- 2020-11-25 Price Changed $398,720 Stellar MLS as Distributed by MLS Grid
- 2020-09-17 Listed $389,000 Stellar MLS as Distributed by MLS Grid
Property tax history
+0.6%/yrLatest (2025): $6,067 · -5.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…